bitcoincash

bitcoincash

(BCH)

Available

Algorithm:

Block Time:

Block Reward:

Block Reward24:

Last Block:

Difficulty:

Difficulty24:

Network Hashrate:

Exchange Rate:

Exchange Rate24:

Exhcange Rate Vol:

Market Cap:

Estimated Rewards:

Estimated Rewards24:

BTC Revenue:

BTC Revenue24:

Profitability:

Profitability24:

SHA-256

581.00

6.25

6.25

706,061

230,892,579,823.00M

235,298,652,283.66M

1,706.84 PH/s

607.32 USD

614.86 USD

18,835,381.30 USD

$11,447,468,700

0.038117

-

0.00049042

-

-

-

Prices are in USD.

Market Data For bitcoincash

Current Price $609.56
Market Cap $11,559,561,216
Market Cap Rank #18
Total Volume $7,252,639,232
High 24H $643.87
Low 24H $606.84
Price Change 24H -21.16%
Price Change Percentage 24H -3.37%
Market Cap Change 24H $-252,953,760.00
Market Cap Change Percentage 24H -2.14%
Circulating Supply 18,850,350 BCH
Total Supply 21,000,000
All Time High $3,785.82 -83.80%
December 20, 2017
All Time Low $76.93 697.07%
December 16, 2018 -

Mining Pools For bitcoincash

Pool Location Fee Rating
Huobi Pool Multi purpose Mining Pool | Reviews & Features ASIA, EUROPE, AMERICA FPPS 1% 4
Bitcoin.com Zero fee Mining Pool | Reviews & Features America PPS 0% PPLNS 0% 4
Poolin First-class Mining Pool | Reviews & Features ASIA, EUROPE, AMERICA FPPS 2.5% 4
OKEx Pool All-in-one Mining Pool | Reviews & Features China FPPS 4% PPS+2% PPS 2% 4
ViaBTC Professional Mining Pool | Reviews & Features ASIA, EUROPE, AMERICA PPS+ 4% PPLNS 2% 4
Binance Pool Smart Mining Pool | Reviews & Features EUROPE FPPS 2.5% 4
Hashcity multi-currency Mining Pool | Reviews & Features EUROPE PPS 1% 4
F2POOL Mining Pool | Reviews & Features ASIA,USA,AMERICA 4% PPS 5
HASHLOFT Mining Pool | Reviews & Features USA,AMERICA 1.47% PPS 5
MINING POOL HUB | Reviews & Features EUROPE,USA,ASIA 0.9% PPLNS 5
MULTIPOOL Mining Pool | Reviews & Features EUROPE, USA, AMERICA 1.455% PPLNS,PROP 5
SUPRNOVA Mining Pool | Reviews & Features ASIA,EUROPE,USA,AMERICA,AUSTRALIA,OCEANIA 0.92% PPLNS,PROP 5
EMCD Russia, Kazakhstan, China, Europe, United States 1% FPPS+ 5
RAWPOOL Mining PooI | Reviews & Features EUROPE,RUSSIA,NORTH AMERICA 3.5% FPPS 5

Mining Equipments For bitcoincash

Name Model Hashrate Rating Lifespan
Sesterce Bitmain Antminer S9i Review and Profitability Calculation estimate 610 14000 GH/s 4
Sesterce Pangolin MicroBT Whatsminer M10 Review and Profitability Calculation estimate 1480 33 TH/S 5
Sesterce Bitmain Antminer S11 ASIC Review and Profitability Calculation Estimate 950 20000 GH/s 3
Sesterce Bitmain Antminer S17 Review and Profitability Calculation Estimate 2430 53000 GH/s 3
Asicminermarket BITMAIN ANTMINER S11 19.5TH/s Review and Profitability Calculation estimate 4950 19.5 TH/s 5
Asicminermarket MICROBT WHATSMINER M20S 65TH Review and Profitability Calculation estimate 1918 65 TH/s 5
Asicminermarket MICROBT WHATSMINER M20S 62TH Review and Profitability Calculation estimate 1698 62 TH/s 5
Asicminermarket MICROBT WHATSMINER M20S 68TH Review and Profitability Calculation estimate 1468 68 TH/s 5
sesterce Innosilicon T2 Turbo ASIC Miner P Review and Profitability Calculation Estimate 680 30 TH/s 3
Bitmain Antminer S17+ ASIC Miner Review and Profitability Calculation Estimate 2580 73 TH/s 4
Bitmain Antminer S17e Review and Profitability Calculation Estimate 1910 64 TH/s 3
Canaan Avalon Miner 1166 Review and Profitability Calculation Estimate 2470 68 TH/s 3
Canaan Avalon Miner 1047 Review and Profitability Calculation Estimate 960 37 TH/s 3
Bitmain Antminer S19 PRO Review and Profitability Calculation Estimate 2860 110 TH/s 4
ASICminer 8 Nano Pro Review and Profitability Calculation Estimate 6417 76 TH/s 3
Cheetah Miner F5i Review and Profitability Calculation Estimate 2360 60 TH/s 3
Sesterce Bitmain Antminer S17 Review and Profitability Calculation Estimate 42450508 56 TH/s 3
Sesterce StrongU STU-U8 Review and Profitability Calculation estimate 1620 46 TH/s 3
Sesterce Bitmain Antminer S9 Review and Profitability Calculation Estimate 510 14 TH/s 3
Sesterce Bitmain Antminer S9j Review and Profitability Calculation Estimate, 585 14.5 TH/s 3
Sesterce Bitmain Antminer T17+ Review and Profitability Calculation Estimate 1890 64 TH/s 3
Sesterce Bitmain Antminer T17e Review and Profitability Calculation Estimate 1295 53 TH/s 3
Sesterce Innosilicon T3+ Review and Profitability Calculation Estimate 2360 67 TH/S 3
Sesterce MicroBT Whatsminer M30S Review and Profitability Calculation Estimate 2695 86 TH/s 3
Bitmain Antminer S19 Review and Profitability Calculation Estimate, 2750 95 TH/s 3
Sesterce MicroBT Whatsminer M20S Review and Profitability Calculation Estimate 2120 69 TH/s 3
Sesterce Canaan AvalonMiner 911 Review and Profitability Calculation Estimate 595 19.5 TH/s 3
Sesterce Ebit Miner E12+ Review and Profitability Calculation Estimate 2320 50 TH/s 3
Asicminermarket MICROBT WHATSMINER M21S 54TH Review and Profitability Calculation Estimate 922 54 TH/s 5
Asicminermarket MICROBT WHATSMINER M21S 56TH Review and Profitability Calculation Estimate 888 56 TH/s 5
Asicminermarket MICROBT WHATSMINER M32S 66TH/S 52W/T Review and Profitability Calculation Estimate 1483 66 TH/s 5
Asicminermarket MICROBT WHATSMINER M31S 74TH/S 46W Review and Profitability Calculation Estimate 2840 74 TH/s 5
Asicminermarket MICROBT WHATSMINER M31S 80TH/S 42W Review and Profitability Calculation Estimate 3140 80 TH/s 5
Canaan Avalonminer A1026 SHA-256 30TH/s Review and Profitability Calculation Estimate 1500 30 TH/s 5
ECOS Antminer S17 Pro 50 SHA-256 63TH/s Review and Profitability Calculation Estimate 5995 63 TH/s 1
ECOS Antminer S11 SHA-256 19.5TH/s Review and Profitability Calculation Estimate 1168 19.5 TH/s 1
ECOS Antminer S17+ SHA-256 56TH/s Review and Profitability Calculation Estimate 5060 56 TH/s 1
ECOS Antminer T17+ SHA-256 38TH/s Review and Profitability Calculation Estimate 1405 38 TH/s 1
ECOS Ebang Ebit E11+ 37H/s Review and Profitability Calculation Estimate 2725 37 TH/s 5
Cryptodrilling Innosilicon T2 Turbo 24TH/s Review and Profitability Calculation Estimate 1899 24 TH/s 5
Cryptodrilling Innosilicon T2 Turbo+ 32TH/s Review and Profitability Calculation Estimate 2199 32 TH/s 5
Cryptodrilling MicroBT Whatsminer M10 +PSU BTC 33TH/s Review and Profitability Calculation Estimate 440 33 TH/s 1
COINMINER Antminer T19 84TH Review and Profitability Calculation Estimate 6450 84 TH/s 5
COINMINER Antminer S19 Pro 100TH Review and Profitability Calculation Estimate 7100 100 TH/s 5
COINMINER Antminer S19 95TH Review and Profitability Calculation Estimate 9 95 TH/s 5
COINMINER Antminer S9 13.5TH Review and Profitability Calculation Estimate 5500 13.5 TH/s 5
COINMINER Antminer S19 Pro 110TH Review and Profitability Calculation Estimate 39800 110 TH/s 5
COINMINER Antminer S17+ 70TH Review and Profitability Calculation Estimate 1232 70 TH/s 5
COINMINER Antminer S19J 90TH Review and Profitability Calculation Estimate 4136 90 TH/s 5
COINMINER Antminer S17 56TH Review and Profitability Calculation Estimate 2119 56 TH/s 5
COINMINER Antminer S17e 64TH Review and Profitability Calculation Estimate 1910 64 TH/s 5
COINMINER Whatsminer M30S 86TH Review and Profitability Calculation Estimate 2100 86 TH/s 1
COINMINER Whatsminer M31S 70TH Review and Profitability Calculation Estimate 1900 70 TH/s 5
COINMINER Innosilicon T3 50T Review and Profitability Calculation Estimate 2100 50 TH/s 5
COINMINER Innosilicon T2T 25T Review and Profitability Calculation Estimate 114 25 TH/s 5
COINMINER Whatsminer M20S 68TH Review and Profitability Calculation Estimate 8000 68 TH/s 5
COINMINER Whatsminer M10 33TH Review and Profitability Calculation Estimate 1555 33 TH/s 5
COINMINER Ebang Ebit E11++ 44TH Review and Profitability Calculation Estimate 2024 44 TH/s 5
COINMINER Ebang Ebit E11+ 37TH Review and Profitability Calculation Estimate 1517 37 TH/s 5
COINMINER Avalon Miner 1166 Pro 81TH Review and Profitability Calculation Estimate 3850 81 TH/s 5
COINMINER Avalon Miner 1047 37TH Review and Profitability Calculation Estimate 960 37 TH/s 5

Mining Contracts For bitcoincash

Name Model Payback Hashrate Star Rating Annual Mining
Bitdeer Antminer S17Pro 100TH/s Contract with Profitability and Calculation Estimate 666 24 days 100 TH/s 3
Bitdeer Antminer S17Pro 200TH/s Contract with Profitability and Calculation Estimate 1332 24 days 200 TH/s 3
Bitdeer Antminer S17Pro 500TH/s Contract with Profitability and Calculation Estimate 3330 24 days 500 TH/s 3
Bitdeer Antminer S17Pro 1000TH/s Contract with Profitability and Calculation Estimate 6660 24 days 1000 TH/s 3
HASHCORE Antminer T17 Mining Contract with Profitability Calculation Estimate 5190 397 days 40 TH/s 1
HASHCORE Antminer S17 Pro (53Th) Mining Contract with Profitability Calculation Estimate 6820 394 days 53 TH/s 5
HASHCORE Antminer S17 (56Th) Mining Contract with Profitability Calculation Estimate 7878 431 days 56 TH/s 1
HASHCORE Innosilicon T3 39T Mining Contract with Profitability Calculation Estimate 5280 414 days 39 TH/s 5
HASHCORE Innosilicon T2T-30T Mining Contract with Profitability Calculation Estimate 4690 479 days 30 TH/s 5
HASHCORE Innosilicon T2T-26T Mining Contract with Profitability Calculation Estimate 4420 521 days 26 TH/s 5
HASHCORE Innosilicon T3 43T Mining Contract with Profitability Calculation Estimate 4260 303 days 43 TH/s 5
IQ Mining BCH Bronze 3TH/s Cloud Mining Contract with Profitability Calculation Estimate 1350 1,423 days 3 TH/s 5
IQ Mining BCH Silver 17.5TH/s Cloud Mining Contract with Profitability Calculation Estimate 829 150 days 17.5 TH/s 5
IQ Mining BCH Gold 550TH/s Cloud Mining Contract with Profitability Calculation Estimate 239472 1,379 days 550 TH/s 5
IQ Mining BCH Diamond 1.6PH/s Cloud Mining Contract with Profitability Calculation Estimate 7397 Never 1.6 PH/s 5

Asic Miners For bitcoincash

Name Hashrate Power Noise Algo
Hummer Miner H10 135 TH/s 3450W 75db SHA-256
iPollo B2 110 TH/s 3250W 75db SHA-256
MICROBT WHATSMINER M30S++ (110TH/S) 110 TH/s 3410W 75db SHA-256
Bitmain Antminer S19j Pro (100Th) 100 TH/s June 2021 75db SHA-256
MICROBT WHATSMINER M30S++ (108TH/S) 108 TH/s 3348W 75db SHA-256
MicroBT Whatsminer M30S++ 112 TH/s 3472W 75db SHA-256
Antminer S19 Pro (110Th) 110 Th/s 3250W 75db SHA-256
MicroBT Whatsminer M30S+ 100 Th/s 3400W 75db SHA-256
Bitmain Antminer S19 (95Th) 95 TH/s 3250W 75db SHA-256
BITMAIN ANTMINER S19J (90 TH/S) 90 TH/s 3250W 75db SHA-256
Canaan AvalonMiner 1246 90 TH/s 3420W 75db SHA-256
iPollo B1 85 TH/s 3400W 75db SHA-256
MicroBT Whatsminer M30s 86 TH/s 3268W 72db SHA-256
Bitmain Antminer T19 (84Th) 84 TH/s 3150W 75db SHA-256
Canaan AvalonMiner 1166 Pro 81 TH/s 3276W 75db SHA-256
Bitmain Antminer S17+ 76Th 76 TH/s 2920W 75db SHA-256
CANAAN AVALON MINER 1146 (75TH) 75 TH/s 3400W 75db SHA-256
Bitmain Antminer S17+ (73Th) 73 TH/s 2920W 75db SHA-256
Bitmain Antminer S17+ 70TH 70 TH/s 2800W 75db SHA-256
StrongU Hornbill H8 74 TH/s 3330W 76db SHA-256
Asic Miner 8 Nano Pro 76 TH/s 4000w 48dB SHA-256
CHEETAH MINER F5+ 66T 66 TH/s 2838W 75db SHA-256
AvalonMiner 1166 – 68T 68 TH/s 3196W 75db SHA-256
MicroBT Whatsminer M31s 70 TH/s 3220W 75db SHA-256
Innosilicon T3+Pro 67T 67 TH/s 3300W 75db SHA-256
MicroBt Whatsminer M20s (64Th/s) 68 TH/s 3360W 75db SHA-256
MicroBT Whatsminer M32 68T 68 TH/s 3312W 75db SHA-256
Bitmain Antminer S17e (64Th) 64 TH/s 2880W 80db SHA-256
Bitmain Antminer T17+ (64Th) 64 TH/s 3200W 75db SHA-256
Canaan AvalonMiner 1146 Pro 63 TH/s 3276W 75db SHA-256
ASICminer 8 Nano S 58Th 58 TH/s 2500W 47db SHA-256
StrongU STU-U8 Pro 60 TH/s 2800W 76dB SHA-256
Cheetah Miner F5i-60T 60 TH/s 2820W 72db SHA-256
Bitmain Antminer S17 Pro (53Th) 53 TH/s 2094 W 82 db SHA-256
Bitmain Antminer S17 (56Th) 56 TH/s 2520 W 82 db SHA-256
Bitmain Antminer S17 (53Th) 53 TH/s 2385 W 82 db SHA-256
Bitmain Antminer S17 Pro (50Th) 50 Th/s 1975 W 82 db SHA-256
Bitfury Tardis 80 Th/s 6300W 80db SHA-256
AvalonMiner 1146 – 56T 56 TH/s 3192W 75db SHA-256
Innosilicon T3+ 57T 57 Th/s 3300W 75db SHA-256
Ebang Ebit E12+ 50 TH/s 2500W 75db SHA-256
Bitmain Antminer T17e (53Th) 53 TH/s 2915W 82dB SHA-256
MicroBt Whatsminer M21s (56Th/s) 56 TH/s 3360W 75db SHA-256
MICROBT WHATSMINER M21S (52TH/S) 52 TH/s 3120W 75db SHA-256
MicroBt Whatsminer M10s 55 TH/s 3500W 75db SHA-256
Ebang Ebit E11++ 44 TH/s 1980W 75db SHA-256
Hummer Miner H7 Pro 53Th 53 TH/s 3445W 74db SHA-256
ASICminer 8 Nano 44Th 44 TH/s 2100W 47db SHA-256
Innosilicon T3 50T 50 TH/s 3100W 75db SHA-256
Innosilicon T3 43t 43 TH/s 2100W 75dB SHA-256
Canaan AvalonMiner 1066 50 Th/s 3250W 75db SHA-256
Ebang Ebit E12 44 TH/s 2500W 75db SHA-256
Hummer Miner H7 Pro 48Th 48 TH/s 3120W 72db SHA-256
Bitmain Antminer T17 (40Th) 40 Th/s 2200 W 82 db SHA-256
Innosilicon T3 39T 39 TH/s 2150W 75db SHA-256
ASICminer 8 Nano Compact 40 TH/s 2300W 47db SHA-256
Ebang Ebit E11+ 37 TH/s 2035W 75db SHA-256
Canaan AvalonMiner 1047 37 Th/s 2380W 70db SHA-256
Canaan AvalonMiner 1041 31 TH/s 1736W 70db SHA-256
Canaan AvalonMiner 1041F 33.5 TH/s 2110W 70db SHA-256
MicroBT Whatsminer M21 (31Th/s) 31 TH/s 1860W 75dB SHA-256
MicroBT Whatsminer M10 33 Th/s 2145W 75db SHA-256
Bitmain Antminer S15 (28Th/s) 28 TH/s 1596W 76dB SHA-256
Innosilicon T2 Turbo+ 32T 32 TH/s 2200W 72db SHA-256
Ebang Ebit E11 30 TH/s 1950W 75db SHA-256
Cheetah Miner F3 30 TH/s 2200W 65db SHA-256
Bitmain Antminer T15 23 TH/s 1541W 75db SHA-256
Bitfily Snow Panther A1 49 Th/s 5400W 82db SHA-256
Holic H22 22 Th/s 1700W 70db SHA-256
Innosilicon T2 Turbo 24 Th/s 1980W 72db SHA-256
Bitfily Snow Panther B1+ 24.5 Th/s 2100W 75db SHA-256
Aisen A1 22-25TH/s 24 TH/s 2100W 75db SHA-256
Bitmain Antminer S11 (20.5Th) 20.5 Th/s 1530 W 76 db SHA-256
GMO miner B3 33 Th/s 3417W 75db SHA-256
Innosilicon T2 Turbo 25T 23 TH/s 2050W 75db SHA-256
Canaan AvalonMiner 911 19.5 TH/s 1750W 70db SHA-256
Canaan AvalonMiner 921 20 TH/s 1800W 65dB SHA-256
Bitmain Antminer S9 SE (16Th) 16 Th/s 1280 W 76 db SHA-256
Bitfily Snow Panther B1 16 Th/s 1380W 75db SHA-256
Innosilicon T2 Terminator 17.2 Th/s 1570W 72db SHA-256
Aladdin Miner 16 TH/s 16 Th/s 1400W 76db SHA-256
Bitmain Antminer S9 Hydro (18Th) 18 Th/s 1728 W 45 db SHA-256
Halong Mining DragonMint T1 16 Th/s 1480W 75db SHA-256
Ebang Ebit E10.3 24 TH/s 2640W 75db SHA-256
Bitmain Antminer S9j (14.5Th) 14.5 Th/s 1350 W 76 db SHA-256
Canaan AvalonMiner 851 14.6 TH/s 1450W 65db SHA-256
Canaan AvalonMiner 841 13.6 Th/s 1290W 65db SHA-256
Canaan Avalon Miner 841 13.6 TH/s 1290W 65dB SHA-256
Bitmain Antminer S9i (14Th) 14 Th/s 1320 W 76 db SHA-256
Antminer S9k (13.5Th) 13.5 Th/s 1310 W 76 db SHA-256
Bitmain Antminer S9 (14Th) 14 Th/s 1372 W 85 db SHA-256
Bitmain Antminer S9 (13.5Th) 13.5 Th/s 1323 W 85 db SHA-256
Bitmain Antminer S9i (13Th) 13 Th/s 1280W W 76db SHA-256
Antminer S9 (13Th) 13 Th/s 1300W W 85db SHA-256
Bitmain Antminer S9 (12.5Th) 12.5 Th/s 1225 W 85 db SHA-256
Ebang Ebit E9.3 16 Th/s 1760W 72db SHA-256
Ebang Ebit E9i 13.5 Th/s 1420W 74db SHA-256
Bitmain Antminer S9 (11.5Th) 11.5 Th/s 1127 W 85 db SHA-256
Bitfury B8 49 Th/s 6400W 85db SHA-256
Canaan AvalonMiner 821 11.5 Th/s 1200W 65db SHA-256
Bitmain Antminer R4 8.7 TH/s 845 W 52 db SHA-256
Ebang Ebit E9.2 12 Th/s 1320W 70db SHA-256
Pantech SX6 8.5 Th/s 1000W 72db SHA-256
Bitmain Antminer T9 (12.5Th) 12.5 Th/s 1576 W 68 db SHA-256
Bitmain Antminer T9 (11.5Th) 11.5 TH/s 1450 W 68 db SHA-256
Bitmain Antminer T9+ (10.5Th) 10.5 Th/s 1432 W 76 db SHA-256
Ebang Ebit E9+ 9 Th/s 1300W 75db SHA-256
Canaan AvalonMiner 741 7.3 TH/s 1150W 65dB SHA-256
Pantech WX6 34 Th/s 5000W 72db SHA-256
Antminer S3 478 GH/s 366 W 60 db SHA-256
Bitmain Antminer S7-LN 2.7 TH/s 697 W 48 db SHA-256
MicroBT Whatsminer M3X 12.5 Th/s 2050W 78db SHA-256
MicroBT Whatsminer M3 12 Th/s 2000W 78db SHA-256
Bitmain Antminer V9 (4Th) 4 TH/s 1027 W 76 db SHA-256
Canaan Avalon 6 Miner 3.5 TH/s 1100W 65db SHA-256
Bitmain Antminer S7 4.73 Th/s 1293W 62db SHA-256
Bitmain Antminer S4 2 TH/s 1450W 62db SHA-256
ALADDIN L2 (30TH) 30 H/s 2200W 72db SHA-256
Hummer Miner H9 Pro 80 H/s 3360W 75db SHA-256

Coin Data For bitcoincash

Calculator For bitcoincash

Calculated for
1 = $
Profit per day
$-
Day
Pool Fee $-
Revenue/day
$-
Power cost/Day
$-
Profit per week
$-
Week
Pool Fee $-
Revenue/week
$-
Power cost/Week
$-
Profit per month
$-
Month
Pool Fee $-
Revenue/month
$-
Power cost/Month
$-
Profit per year
$-
Year
Pool Fee $-
Revenue/year
$-
Power cost/Year
$-

Crypto currency to Fiat Currency Converter

  • =
  • -

  • USD
Coin Converter

About bitcoincash

Bitcoin Cash Coin Review: Mining Guide, Price & Analysis of Bitcoin Cash Cryptocurrency

Bitcoin Cash is a cryptocurrency that is viewed by many as the savior of Bitcoin soul. The coin was forked in 2017 from BTC. The token is trying to reduce the transaction cost. Therefore, it increased a block size to 8 MB from 1 MB.

Cryptocurrency enthusiasts believe that Bitcoin Cash will revolutionize the market. The coin is a peer to peer digital coin, which is decentralized. Unlike Bitcoin, this platform can speedily process transactions.

The people behind Bitcoin Cash claim that there are in line with Satoshi Vision for BTC future. However, critiques think otherwise, and the coin is not fully embraced in the community.

Bitcoin Cash History

The currency was hard forked from the Bitcoin blockchain. It aims to resolve the scalability issue of Bitcoin. Bitcoin Cash has successfully increased the blocksize on the chain. There is a huge demand for Bitcoin around the globe.

Therefore, BTC transactions continue to be slow as the mass adoption increases. Its scalability problem has been the talk of the community. Blockchain transaction number increases as the users grow.

However, the block size has not adjusted to the number of people using the system. Hence, there is a shortcoming, and the scalability problem arises. Bitcoin digital signature has become slow. Therefore, it takes time to verify if the sender has enough token to complete a transaction.

Bitcoin Cash Review, Bitcoin Cash Company

To resolve the issue, Bitcoin developed the SegWit (Segregated Witness) in 2017. It increased the blocksize from 1MB up to 4MB. The community was not pleased, and they recommend that the size increase to 8MB.

They believe that increasing the blocksize was necessary for future purposes. The disagreement between members leads to some hard forking the BTC blockchain leading to BCH birth.

Bitcoin Cash hopes to compete with traditional payment methods like PayPal and Visa. It aims to process more transactions simultaneously. Users who were in control of their BTC private key became BCH's holder after the hard fork completion.

How Does Bitcoin Cash work

Just like the majority of the cryptocurrencies, the BCH was launched due to disagreement from the community. However, Bitcoin Cash coin has increased transaction speed and reduces the fees. The transaction signatures are validated on the blockchain.

If Bitcoin wasn’t to become an adopted global payment method, then block size needs to increase. Bitcoin Cash targets to be a payment platform, and holders can send and receive funds using BCH.

Since the currency made its first digital footprint, it has continued to perform well in the market. Additionally, it is among the leading currency in the market. If you compare BTC and BCH, you will realize that not many businesses accept Bitcoin Cash.

However, the currency has a bright future and might be recognized by various merchants as payment forms. There are currently fitness products, hotels, clothes, companies, casinos, music, and perfume store that accepts BCH.

Can Bitcoin Cash be Mined?

Bitcoin Cash is a decentralized platform that is not controlled by the government. The nodes are the ones that verify a transaction. Nonetheless, you need quality hardware and software for mining. BCH uses ASIC mining and PoW consensus.

The mining difficulty continues to increase over time. Miner receives BCH as their reward. It acts as payment after verifying transactions. They can choose to sell or hold the tokens. Mining helps in keeping control of the number of the coin that is circulating the market.

Miners are the ones that are responsible for solving the math equation on the BCH blockchain. They use their computing power to verify the transaction block. However, it is not easy for everyone to join the mining process. It requires a lot of computing power, and only a few people can be rewarded.

Therefore, it requires a lot of funds. The small scale miners can also take part by joining a mining pool. Miners join each other and combine their computing power. In return, they earn their rewards and divide the BCH equally.

Bitcoin Cash Partnership and Progress

Bitcoin Cash coin attracted attention from remarkable investors and gained their support. The price of the token increased drastically after mining groups offering their support. Some of the supporters of BCH are Jihan Wu and John McAfee.

Initial Bitcoin users received 1BCH for every BTC that they previously held. The market cap of BCH is over $65 billion. The developers were convinced that SegWit did not cover the main problem facing Bitcoin.

Bitcoin Cash Review, Bitcoin Cash Features

The platform keeps its transactions in a blockchain. Unlike centralized venture, Bitcoin Cash is not controlled by the government. The Bitcoin community developed the currency. There is no specific founder.

BCH has attracted media attention. Therefore, before deciding whether to invest with the currency, make sure that you perform research. The coin is competing with BTC, and both aim to resolve the scalability problem.

However, as we all know, Bitcoin is doing great in the market and continues to be a renowned coin. The success of BCH will be on whether users decide to increase the block size. Nonetheless, it is essential to note that the currency has Bitcoin cash gained popularity in the industry.

Privacy and Developments

Bitcoin Cash continues to offer privacy to its users. Moreover, the platform has made various development on the same. They introduced the Cashshuffle feature. Cashshuffle has improved on anonymity. It enables users to mix their BCH UTXOs with other users with an Electronic cash wallet.

Furthermore, the platform has also introduced a Bitcoin Cash marketplace. It is known as local.bitcoin.com and allows users to trade in a noncustodial fashion and peer to peer. Moreover, they have also launched a cryptocurrency exchange.

Advantages

  • Low transaction fee
  • Fast transaction speed
  • Good scalability than BTC

Disadvantages

  • Low trust score from the crypto community

How to Buy

Investors can purchase BCH on popular exchanges like Coinbase and Bitfinex. You can exchange your fiat currency to buy Bitcoin Cash. If you choose to use Coinbase, then you have first to sign up. The process is simple as it only requires an email address, your name, and a strong password.

The next step is to verify your telephone number. Additionally, the platform requires users to verify their identity. On the dashboard of Coinbase, it has a buy or sells the option. You have to add a payment method to move to the next step.

Users can select a bank account, credit card, or debit card payment option. The next process is to upload your identification document if you choose a credit/debit card option. You can either share your driving license, national ID, or a passport.

After verifying your identity, you can proceed and add your payment details to the exchange. Coinbase requires users to enter their card details. The exchange is one of the secure platforms in the market. Therefore, there is no need to worry.

Users can now own Bitcoin Cash by buying the currency from Coinbase. Select the amount that you wish to purchase. However, remember that the price of BCH has increased and dropped like all other cryptos. It is a volatile currency.

Final Verdict

Bitcoin Cash is among the four currencies that are listed in Coinbase. It huge progress and shows that the currency is transparent. Moreover, the platform has increased the transaction speed, and it’s cheaper. Ensure that you use a secure wallet like Exodus, Ledger, or Trezor to store your BCH. You can choose the exchange and a wallet of your choice.

What People Are Saying About bitcoincash